Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1887-07-01
4 TALK With GOULD.
Fridays Great Panic Pronounced an
A.tamp. on The Part Of Gould and
Sage 10 Down Field.
Gould Says Ne is Rot n the Market rs
= spectator, bnt BUYS a Coed
Thing Wtsa He Finds il.
He TrlpKs tho Country Would Not Suffer
Ly 81 Change Of Administration and
Euvors 8 Let Alone Policy.

/ NEW YORK. June 25-The Times this
/ morning says it IS no libel TO say that
there are people in Wall street who do
not credit all the statements made by the
Gould crowd yesterday. Gould and Sage
called leans by tie wholesale. They did
! their best to corner money. They
tumbled basketsfUl OF stock on the mar
! ket. The break was Of their OWN de-
/ signing, so believes everybody who pre-
sumes to have en- independent opinion il
! Wall street. ] was their own Western
J Union AID Missouri Pacific and Manhattan
+ that they used 10 slug the market with,
! and il they were not guaniTg after Cyrus
| FIELD every indication seemingly worth
attention is Ell wrong. u has been an
open secret tG8t Gould end Sage dc
not love FIELD fer al that
! speculative colGt.Ger55ip with him
| Russell Sage Is CT record Us saying the
/ time Vas coming when Field will 90
"patter, petter, patger," Deacon S2ge's
! pOetical description Il Brother Field on
| , dead run. Ft4id, according 10 common
/ fame, IS loaded heavily with ManhSitan.
Gould has been . lJaucr OF money to the
/ Henry S, Ives crowd, and he called
IS, 900 coo yesterday. Though Gould has
been advertised . good deal lately as the
patron OF Ives aud though Ives has been
recognized IN many quarters R3 G0uld's
chosen instrument fer settling the big
Telegraph Wa through the Baltimore and
one teaI, stu. Z. close observer has not
been mLsIed il the idea that Gould
was rot quite oil that ibis, theiI
popUil. opinion, had suggested. When
80, oh. ) -s,t-- p -. w.
Was : yOuur man to be so conspicuous in
Wall street, G9uit'S quiet observation
was: "Wsl, { often happens that Wall
streets greatest fGagcisrs are young
men. How old Taa Ferdinand WG-G?'
Jesse Salignsn predicts that within the
next few dSys it Will be discovered that
gold is Oh .he way here from Europe,
and that tiglJ money is no longer 3
danger Other bankers with foreign
connections gave Mr.. S5ligman's opinion
Endorsement. enc contingent that ere
always on psrG6e CS possessing "Gould
information" were among the weariest
citizens that this Town can boast. Every
one of them al was caught loaded up
with stops at Top prices. Russell Sage
and Jay Gould have slaughtered every
one Of their friends, as their hangers-Cn
love to label themselves. jay Gould Of
fers as an excuse for his wholesale calling
of loans that ne thought stocks were
cheap and he could use his money TO bet
ter advantage IL the ma keJ than he could
by having il on loans.
The World prints q long item on Jay
Gould from watch the following is taken
"Mr. Gould, gC what do you attribute
the great disturbance in Wall street to-
day!1
"Tae market vas raided for one thing
and & scare was created. They had Nj,
Field broke and me dead, but they found
out tlat Mr.. Field WIS not broke
and that l WIS not dead. / believe that
stocks are cheap. l bought some. l
bought Missouri Pacific, Western Union
aG5 Manhattan. am not in the market I
IS Spectator and an not az extensive /
-blyer q Gugt4.4g. I don't oTe money |
a,-G a@ye lite 10 spare TO buy good /
things occasionally wheu see them"
"Iuter-gtC,e commerce has now bad S .
good tri4!. what - the effect Of it on |
.thc raIiroSG ZEN OF the country"
thiuE /, Is Beneficial My instTuC- /
tlB2szWere to cary out Ire lsT on oUr
roads end W think we have pTOfssd by /
il. The commissioners crC intelligent .
men and they sge Interpreting the law 50 (
IS TO produce the best results, 7 think - I
HAS The political situation sDy bearing
on the railroad EuJ business interests Ci .
the country? Would s change back to a
Republican administration be hurtful?'
81 don'1 think z change would have any
effect" replied Mr.. Gould, after o mo-
ment's ref sctjon. "The present admins
tratiOn is discreet, and l don't believe any
administration would interfere with the
prosperity Of the country"
"Nhat policy would produce the best
results Ter the country 81 larger"
80 etaione," WAS GJUld'S quick re-
spCnse. "The country is ableto work out
is own prosperity. Americans are great
and brave people, and all they
want is 70 be let alone They
don't want interference from the
President, Congress-, Legislature, or
Governors. 1t would be better
if legislatures met only once in five years.
The people ere able to take care of them
selves and run their own aff2irs. The
flower of other lands have TO serve from
one to seven gears in the armies We
have no great standing armies, and our
best men prosecute industries that make
the country rich ard the people con-
tented. Our people will always be pros
porous as long as they can attend to their
own afAirs."
"Mr Gould, have you ceased specula-
ton in Wall street wholly and for good?"
81 may buy stock as | did to-day, when
think l SIN acquiring property cheap,
but l have absolutely stopped specula-
ton. | withdrew from Wall street to
remaiu out, year ago last January.
shall never under any circumstances be G
SPECTATOR again"